A sum of Rs. 5000/- amounts to Rs. 6,050/ - in two years.What is the rate of interest ? 15% p.a. 13% p.a. 11% p.a. 21% p.a.
A sum of Rs. 5000/- amounts to Rs. 6,050/ - in two years.What is the rate of interest ?
A sum of Rs. 5000/- amounts to Rs. 6,050/ - in two years.What is the rate of interest ?
Mr. A lends 40% of sum at 15% p.a. 50% of rest sum at 10% p.a. and the rest at 18% p.a. rate of interest. What would be the rate of interest if the interest is calculated on the whole sum ?
What will be the difference between the interest accrued on a sum of Rs. 4500 at 12% per annum for 2 years and that on a sum of Rs. 5600 at 9% per annum for 2 years ?
A sum of Rs. 16800 is divided into two parts. One part is lent at the simple interest of 6% per annum and the other at 8% per annum. After 2 years total sum received is Rs. 19000. The sum lent at 6% of simple interest is
A sum of Rs. 2200 is invested at two different rates of interest. The difference between the interests got after 4 years is Rs. 202.40. What is the difference between the rates of interest ?
upendra ? undefined
Correct answer is: 2.30%
Explanation:
If the rate of interest be \(\Large r_{1}\% \text{ and}\ r_{2}\%\) per an num,
then, \(\Large \frac{2200 \times 4 \left(r_{1}-r_{2}\right) }{100}\) = 202.40
\(\Large r_{1}-r_{2}=\frac{202.40 \times 100}{2200 \times 4}\)
= 2.3% per annum
A sum of Rs. 3200 becomes Rs 3456 in two years at a certain rate of simple interest. What is the rate of interest per annum ?
Updendra ? Jan 16 '2018 at 9:44
Interest = 3456 - 3200 = Rs.256
Therefore, Rate =S.I.×100Principal×Time
=256×1003200×2 = 4% per annum
Ravi borrowed some money at the rate of 4 p.c.p.a. for the first three years, at the rate of 8 p.c.p.a. for the next two years and at the rate of 9 p.c.p.a. for the period beyond 5 years. If he pays a total simple interest of Rs 19,550 at the end of 7 years, how much money did he borrow ?
upendra ? May 24 '2020 at 9:8
If the amount borrowed be Rs.x, thenx×4×3100+x×8×2100+x×9×2100 = Rs.19550Th
=>12x100+16x100+18x100 = 19550
=> 12x+16x+18x
= 1955000
=> 46x = 1955000
=> x =1955000046
= Rs.42500